Monday, November 03, 2008

Germany set for strikes in the steel Industry?

According to numerous sources Germany's IG Metall trade union is is braced for a series of strikes after rejecting the employers offer of a 2.1% pay offer as "insulting".

I'm not one to normally offer advise in these situations, but the union could hardly pick a worse time. In view of the market situation and planned steelwork shutdowns, the employers might see this as manna from heaven!

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